The company's AI chip business has been the main driver of growth. According to CNBC, Samsung Electronics' revenue increased by about 70 percent in the first quarter of 2026 compared with the same period last year.
The company thus beat market analysts' expectations for both sales and operating profit, according to LSEG. Operating profit amounted to the equivalent of approximately SEK 357 billion.
For some time now, the supply of memory chips has struggled to meet demand from data centers for AI and other uses, which has contributed to higher prices.
